Chances are you'll never own a bank. But the day you join LFCU - and anyone can - you become an invested owner and member of a remarkable financial services enterprise.
The business principal couldn't be simpler. All deposits that flow into LFCU are used to fund all loans to members. Earnings are used to increase your credit union equity, or are passed along to members in the form of higher savings yields, lower loan rates, new financial services and improved reserves.
What's more, as an owner you have a say in enhancing LFCU's products and financial services and electing the Board of Directors. All of which makes LFCU as good an idea as it was in 1937. Probably better.
A bedrock of financial security
In more than 74 years of safeguarding our members' deposits, we haven't lost a penny. Small wonder LFCU has emerged as one of the premier credit unions in America, with nearly $3 billion in assets. In addition to getting good savings rates, your personal savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. IRAs are separately insured up to an additional $250,000.
Top marks from leading analysts
For 15 consecutive years, Bauer Financial, has awarded LFCU a rating of "Superior" or "Excellent" for financial strength. This means your money is safe. We invite you to learn more about LFCU's financial position or view recent financial statements.
Accredited with the BBB
Lockheed Federal Credit Union is an accredited member of the Better Business Bureau (BBB). BBB is an unbiased organization that determines and maintains high standards for ethical and truthful business practices. For more information, visit http://www.la.bbb.org.
Voted Best Credit Union
LFCU is honored to be recognized as the best credit union by readers of the Los Angeles Daily News and Santa Clarita Valley Signal newspapers. In fact, Santa Clarita Valley residents have voted LFCU the Best Credit Union in the area for six years in-a-row. We’re proud of this recognition and pleased to actively support the community through a variety of programs and charitable donations.
One of L.A.'s best places to work
At LFCU, we know that fostering a happy and motivated workforce creates an outstanding service experience for our members. That's why take great pride in being recognized as one of the 2011 Best Places to Work in Los Angeles by the Los Angeles Business Journal for the second year in a row. LFCU is no stranger to these top honors. In 2007, LFCU was ranked #1 in the medium-sized company category of "California's Best Places to Work" program.
28,000 free ATMs when you need one
Good news: LFCU offers more free ATMs than even the Big Banks. You'll enjoy unlimited access to our network of 28,000 CO-OP ATMs. Plus the price is right. No fees. No surcharges. Besides many ATMs are located inside convenient 7-Eleven stores. So your money is always close by.
Open your account today!
You can open your account at any LFCU branch, by phone or online. Accounts are not just for Lockheed Martin employees - almost everyone can open an account. Click here to start now.
